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Welcome, Rick

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Total number of posts:33
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Joined on 9/1/2011

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moneyNOWCOMMENT

Obama's student loan profit machine

My daughter earned a law degree in 2008. Two sets of rates....6.875% and 8.25%. Deferred the payments for a year and it cost her another $4000 in interest. Overall, the whole student loan program encourages students to accumulate too much debt and too high payments. Loans should float with the Fed reserve rate or be...more
4 days ago
moneyNOWCOMMENT

US Mint limits its silver coin sales

Silver eagles on ebay are a 40% premium above spot...... because demand is so low??????? Did the editor read this article? ETF's are selling off because they are paper. Coins are in great demand.
5/10/2013
moneyNOWCOMMENT

Banks become Wal-Mart's new biggest enem...

Just remember that the Federal Reserve System was created by a congressional act. The "Federal Reserve" is a Board, Committee and 12 Regional Banks representing whom.... wait for it, yes that is right ... Other Private / member BANKS!!! The FR was created to control monetary policy in order to avoid panics.
5/8/2013
TechBizCOMMENT

Where have all the gamers gone?

When you turn 21, find a Pizza joint with quality foosball and beer. New experience, especially if they have a tournament.
5/7/2013
Top StocksCOMMENT

Why Wall Street is unmoved by global gol...

It is interesting how paper "precious metals" such as ETF's reflect spot price, but physical precious metals do not. Case in point silver = $23.95 per ounce, silver eagle one ounce coin is $31.44 on Ebay. More than a 30% premium.   Mom/pop actually buying and taking physical possession. This will probably not chang...more
5/6/2013
moneyNOWCOMMENT

Who me? Austerity authors say don't blam...

Who will buy US bonds when the Fed stops? And at what price (interest rate?) Not me, or many others, that is the problem with too much debt.
4/29/2013
Top StocksCOMMENT

We've got all the Apple we need

Love this ...."Google good" ...Apple Bad"... "Amazon Good" ..."Apple Bad"...."Samsung good" "Apple Bad"...   Ask yourself how much money is Amazon making? - Nada, none , zippo Who will turn on Google to maximize their own profits? - Samsung, Facebook plus others Where does googie derive their profits? - Advertisin...more
4/24/2013
Top StocksCOMMENT

Gold: 3 reasons it's like Bitcoin

In the past 20 years investing has basically become betting. Bet Apple sells a ton of cool products and the price goes up. Bet Google has millions of clicks and the price goes up. Problem is when you run out of cool NEW products or cool new advertisers that don't sign up in droves, the price of stocks goes down as the ...more
4/23/2013
Top StocksCOMMENT

We can escape this jobless recovery

How about this BOLD NEW CONCEPT....the banks decide who qualifies for a loan, provide the mortgage money, collect the payments, keep the profit and don't sell junk to some pension fund.   Get the government out of the mortgage business... period.
4/19/2013
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